One of the most bizarre as well as futile global efforts at trying to control Nature while opening a door to infinite fake wealth has finally been totally defeated…by none other than Mother Nature herself. The vapid CO2 derivatives markets the banking gnomes offered as a solution to global overpopulation and overuse of fossil fuels was crushed by mountains of snow and super-cold temperatures. So now we have some breathing space to work on real solutions to ‘climate change’. Keep reading →
February 9, 2010
US Tea Beggars: Their Taxes Go Up While Corporate And Trade Taxes Nose Dive
I like poking around statistics and looking at graphs and charts, seeking a new way of looking at things. So while I was poking around the official CIA statistical site, I looked at the list of the GDP per capita for all countries. When I sat down and analyzed this list, something rather funny popped up which bears discussing further. That is, all of the top 25 nations are either energy exporters or small banking pirate coves and mountain castles! Keep reading →
February 8, 2010
US Trade Deficit: The Mighty Dying Oak Tree
The US is caught in an ideological trap of our own making. Ever since we decided to go for free trade and simultaneously, off the gold standard, our trajectory has been totally downwards. Even when our economy and banking systems appear to be growing, they are actually destroying the entire economic system with this growth. On my mountain grows one of the oldest oak trees in New York. It has grown here since Columbus stumbled upon the Americas accidentally. It is dying. And its death is analogous to our own situation. Keep reading →
February 7, 2010
BIS Super Secret Meeting Of Top Central Bankers
A very sudden and very secret meeting was convened in the Australian outback—shades of Max Max in Thunderdome!–to discuss the impending collapse of more than one sovereign government. What to do about this? The pressing question looms ever darker as I know the answer to this riddle: no debt-wracked nation can be saved by another on in just as bad shape. Only a creditor nation can do this and the list of these is extremely short and features mainly one country in the world: China. Instead of understanding the need to nurture the Chinese in this matter, we think we should attack China. Keep reading →
February 6, 2010
Sovereign Nation Debt Defaults Will Worsen Great Depression II
As several semi-sovereign EU nations go bankrupt, this is spooking world markets and we see yet another downturn in world stock markets as every gears up for the Big Bankruptcies. This is the usual thing that happens during Great Depressions. And this one will go down in the books as the Second Great Depression. There seems to be little understanding about how depressions work differently from mere recessions. The key difference is the number of sovereign government collapses. That is, instead of peripheral minor government failures, we get major, imperial power collapses. Keep reading →
February 5, 2010
Gambling Is Not An Industry, It Is A Destroyer Of Industry
The latest mini-storm that blew into the news about Obama’s Las Vegas comments is typical of how our nation operates: we are trapped on the Horns of Dilemma and one of these horns is our present descent into thinking gambling is an ‘industry’ rather than a cancer on our economic good health. Also, I want to talk about the bond market, the ludicrous Fed Reserve interest rates in contrast to rates being charged on government borrowing. And Toyota’s woes should be an opportunity for our government to push for a reduction in Japanese auto sales in the US. Keep reading →
February 4, 2010
At Meeting, Pentagon Officials Threatened China With Sneak Attack
Always, always, always, empires that are in serious financial trouble grasp at a very odious tool to maintain or expand power despite a collapsing economic base: the infamous and totally illegal sneak attack. Grasping this nettle, the gamble always, always, always is, the rival empire being attacked in this sneaky illegal way will surrender or be so badly hurt, it will never interfere with outright looting or a refusal to pay off debts owed to the victim by the sneak attack empire. Keep reading →
